3, PARK CLOSE, MOGGERHANGER, BEDFORD, MK44 3RY - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 PARK CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £275,000 in February 2015, which was around 28% below the average February 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

3 PARK CLOSE Sold Prices

Land registry data shows two sales for 3 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 3 PARK CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 27 FEB	£275,000	£380,791	28% below HPI
1998 24 NOV	£95,000	£134,315	29% below HPI

3 PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 3 PARK CLOSE sales from November 1998 and February 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 PARK CLOSE?

3 PARK CLOSE is 78m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Moggerhanger, based on EPC data. The below chart shows the distribution of detached houses by size in Moggerhanger, and where 3 PARK CLOSE lies on this distribution: 2% of detached houses are smaller than 3 PARK CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Moggerhanger.

3 PARK CLOSE: Plot and Title Map

3 PARK CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 3 PARK CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 PARK CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 PARK CLOSE?

3 PARK CLOSE is located in MOGGERHANGER, in the MK44 postcode district. The below map shows the position of No. 3 on PARK CLOSE.